Rockefeller Capital Management L.P. Grows Stock Holdings in Super Micro Computer, Inc. $SMCI

Key Points

• Rockefeller Capital Management increased its stake in Super Micro Computer by 18.3%, adding 32,698 shares to own 211,063 shares worth about $10.34 million at quarter-end.
• Corporate insiders have been net sellers — including CFO David Weigand (25,000 shares) and SVP George Kao (40,000 shares) — with 90,000 insider shares sold in the last three months; insiders now own 16.3% of the company.
• Super Micro reported an earnings and revenue miss (EPS $0.35 vs. $0.46 expected; revenue $5.02B vs. $6.48B expected, down 15.5% YoY), prompting several price-target cuts and a MarketBeat consensus rating of "Hold" with an average target of $48.38.

Rockefeller Capital Management L.P. increased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 18.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 211,063 shares of the company's stock after purchasing an additional 32,698 shares during the period. Rockefeller Capital Management L.P.'s holdings in Super Micro Computer were worth $10,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Eastern Bank acquired a new position in shares of Super Micro Computer during the 1st quarter worth about $29,000. Beaird Harris Wealth Management LLC acquired a new position in Super Micro Computer in the first quarter valued at approximately $34,000. TD Private Client Wealth LLC increased its stake in Super Micro Computer by 46.0% in the second quarter. TD Private Client Wealth LLC now owns 800 shares of the company's stock valued at $39,000 after purchasing an additional 252 shares during the last quarter. Orion Capital Management LLC acquired a new stake in Super Micro Computer during the second quarter worth approximately $39,000. Finally, Advisors Asset Management Inc. purchased a new stake in shares of Super Micro Computer during the 1st quarter worth approximately $39,000. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO David E. Weigand sold 25,000 shares of the business's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $45.14, for a total value of $1,128,500.00. Following the transaction, the chief financial officer owned 100,188 shares of the company's stock, valued at approximately $4,522,486.32. The trade was a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP George Kao sold 40,000 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total value of $1,755,200.00. Following the sale, the senior vice president owned 21,820 shares of the company's stock, valued at $957,461.60. This trade represents a 64.70% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 90,000 shares of company stock worth $3,890,950. Corporate insiders own 16.30% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on SMCI. Raymond James Financial dropped their target price on shares of Super Micro Computer from $53.00 to $50.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 5th. Rosenblatt Securities decreased their price objective on shares of Super Micro Computer from $60.00 to $55.00 and set a "buy" rating for the company in a research note on Wednesday, November 5th. Argus set a $64.00 target price on Super Micro Computer in a research report on Thursday, November 6th. Barclays reduced their target price on Super Micro Computer from $45.00 to $43.00 and set an "equal weight" rating for the company in a report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. dropped their price target on Super Micro Computer from $43.00 to $40.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $48.38.

Super Micro Computer Price Performance

Shares of NASDAQ:SMCI opened at $33.73 on Thursday. Super Micro Computer, Inc. has a one year low of $24.82 and a one year high of $66.44. The stock has a market capitalization of $20.14 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 1.30 and a beta of 1.50. The company has a 50-day simple moving average of $47.51 and a 200-day simple moving average of $46.05. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.11). The company had revenue of $5.02 billion for the quarter, compared to analysts' expectations of $6.48 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The business's quarterly revenue was down 15.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. On average, analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Super Micro Computer Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

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